Mathematics, 12.02.2021 21:10 shanua
Monica and Monica's salon whose value is $95,000 today assuming a normal growth. However Monica believes the value will grow at 18% per year for the next three years. She wants to take this rapid growth into consideration when valuing the business for a potential sale. Find the future value of the business in three years then use that future value to find the present value at a rate of 8% compounded annually
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Monica and Monica's salon whose value is $95,000 today assuming a normal growth. However Monica beli...
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